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Profitable EA trade ringer expert advisor 4.02

3.30 star(s) 14 Votes
This EA was good but seems to be very slow moving, tend to crash alot aswell on accounts on the slightest hiccup of trend change

It does better when the market doesn't make large movements but rather trades sideways. This is especially true since the coronavirus started scaring the markets. If you trade multiple pairs you are looking at a lot of DD.
 
I spoke with a friend of mine who has the original TR and he said: "Prob because the other two either are not trending, or didn't show signs of a reversal". Time will show really.

I have also updated from V 4.01 to 4.02 today, and it has way less bugs than 4.0.1. Now my position multiplier works great. (Tested in Backtest, and now on demo).

As for version 4.03, here is the link to download and test. You may report back then so we can continue help each other. (Not so many posts to try that myself).

4.02 https://www.forexforum.co/attachments/trr422-zip.4628/

4.03 https://www.forexforum.co/attachments/traideringer403_fix-zip.4818/

credit mikhailk
Ok handOk handthank you so much for the two links;i will test them later
 
thanks alot for the share, I will test it and give feedback
Does anyone have a good settings??

Thanks

I've been demo-trading this software for over 1 month and so far so good. I don't think it is so much about the settings but WHEN you let it trade. The ONLY way I would trade with this is if I decide when it is a good time to trade and close it for the rest of the time.The problem is if you let it trade on volatile pairs you might find yourself in huge drawdown on multiple pairs. Here is Myfxbook account for those that want to see some results.

Traide Ringer Demo Testing Results

I stay away from the news. I avoid too much volatility and price movement. I look at stochastics to see when it is overbought or oversold and only then do i let it trade. You can make sure the software only opens short or long positions depending on the trend and only after it has 1 or 2 positions open you can let it go both long and short. I've seen the software open positions on both sides at times but it is not what happens usually. I let it trade and if at the end of the day there is 1 trade left I'd most of the time close it or very rarely close the EA and let that position open during the night - but only for 1 trade. I don't use a VPS because I want to have control over it and so far so good. I've started with a demo trading balance of $3000 and now it's at $3539 and all this was through very turbulent times for the forex and the stock market. So far I'm very optimistic about this software. :cool:

Let's compare some notes and find the best trading pairs. clapping hands

Good luck!
 
I think this is the only way u make profit in a long run like Magio wrote. Can't be greedy and u can profit.
@Magio so u also close trades manually and checking news regularly ?
 
I think this EA is nulled, do not need a licence (didn't tested yet). but version 4.03 is old and licensed stooped working a while ago, since there vas v5 and now there is a new company.
For trading pairs I wouldn't go with something exotic and no pairs with big spread.
 
I think this EA is nulled, do not need a licence (didn't tested yet). but version 4.03 is old and licensed stooped working a while ago, since there vas v5 and now there is a new company.
For trading pairs I wouldn't go with something exotic and no pairs with big spread.

There is a cracked version of 4.03 and it works fine. That's the one I am using.
 
I think this is the only way u make profit in a long run like Magio wrote. Can't be greedy and u can profit.
@Magio so u also close trades manually and checking news regularly ?

I rarely close trades manually. Usually, because I don't want open trades overnight. The EA sometimes opens multiple positions counter-trend and it can get 4-6-8 positions open and once it closes those positions in profit, the EA will tend to open a new position. If I was not paying attention or I am about to turn off my PC and go to bed I just close the position.

Fortunately, this EA acts like a scalper and trades can last from minutes to a couple of hours.

Short Trading Period

There is a news indicator on this forum called the Truly News Indicator 2.3.80 and before starting to trade, I check it out. I also turn off the MT4 AutoTrading before turning off my PC so that the next day I avoid getting into trades when I open mt4 in the morning. The EA only trades when I allow it. I am satisfied with this combination. My Drawdown is at around 1.5%. I can live with that. :cool:
 
So no trading by night, even with no big news announcements ?
Which pairs do u trade and what lot size ?

Drawdowns can sometimes be misleading. It all depends of balance and lot size. If no secret, can u please share ?
 
So no trading by night, even with no big news announcements ?
Which pairs do u trade and what lot size ?

Drawdowns can sometimes be misleading. It all depends of balance and lot size. If no secret, can u please share ?

I don't have a VPS. The EA only trades during the day. I want to keep an eye on it.Even without the news there can be huge swings and all of a sudden you are in a huge DD. Just imagine trading 3 pairs (or more at a time) and every now and then one pair or even two can go in a DD. I don't think that is a good way to trade. It can really affect your emotions. My DD has been 1.5%.

The lot size is 0.01 which is safe for a $3K balance. At times I would increase the lot size depending on what happens but only if other indicators show me a good reason to do so. I trade on the 1 hour chart ONLY 1 pair depending on the NEWS and stochastics. I've tried EurJpy (which I prefer to short), GBPNZD, EURCHF, USDJPY, EURUSD, EURCAD.I've tried avoiding the big pairs recently due to the Coronavirus stuff and looking at well balance pairs that move but don't swing much. It would be great if the price moves in a wider range - just sideways move because I would let the EA run all day long. I'd love to find those pairs and maybe you guys can share some results.
 
So this v4.02 and 4.03 are still working ? Nulled ?

Most people have blown their accounts the past weeks with corona. Even accounts with over 100k so please stay away. I have also blown my account with extra extra conservative settings. This is martingale and unfortunately you just postpone the losses.
In fact, the whole company changed the name of the EA to something else to differentiate it. Damage was huge :cautious:
 
Most people have blown their accounts the past weeks with corona. Even accounts with over 100k so please stay away. I have also blown my account with extra extra conservative settings. This is martingale and unfortunately you just postpone the losses.
In fact, the whole company changed the name of the EA to something else to differentiate it. Damage was huge :cautious:

I heard that too. That is why I am using this EA differently. Martingale can be dangerous but it also helps you recover from your inevitable losses much faster. If people get greedy, it won't matter what system you use. The money Changers will get your money in the long run and there is no EA in the world that can beat that.
 
Most people have blown their accounts the past weeks with corona. Even accounts with over 100k so please stay away. I have also blown my account with extra extra conservative settings. This is martingale and unfortunately you just postpone the losses.
In fact, the whole company changed the name of the EA to something else to differentiate it. Damage was huge :cautious:

What pairs were you trading? How many pairs at one time? What timeframe? Lot size? I think that info would be useful. The funny thing is I've been demo trading Traide Ringer EA for the past month or so when everybody was losing their money and the markets were going wild and I'm profitable. You can check my results on myfxbook page.

Myfxbook Traide Ringer results

Thanks
 
Last edited:
What pairs were you trading? How many pairs at one time? What timeframe? Lot size? I think that info would be useful. The funny thing is I've been demo trading Traide Ringer EA for the past month or so when everybody was losing their money and the markets were going wild and I'm profitable. You can check my results on myfxbook page.

Myfxbook Traide Ringer results

Thanks

Of course, i forgot to add more details.
Pairs were EURUSD EURJPY AND USDJPY.
Account size was $1000 with 0.01 lots size on each currency running D1.
Multiplier 1.3 and Range around 30.
Settings were changed accordingly as to the market movement but the account blown when EURUSD and USDJPY started trending for long long time without retracement.

Fortunately I was late to join the party and only in demo. The other people were in for a year and making crazy profits, paying the subsciption :ROFLMAO: (mine was free from here thank you guyss!!) until the inevitable..
 

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